Central Bank of Libya gives the go-ahead for foreign currency coverage applications
The Central Bank of Libya has issued a statement announcing that it has decided to give permission to accept applications for foreign currency coverage starting Sunday.
The CBL explained that admission of applications will take place only if the applicants met the CBL’s requirements and the electronic system adopted by the CBL.
The electronic system is an online application that connects the commercial banks with the CBL and through which all applications must be sent, and thus the CBL will reply online with approval or declination.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to email@example.com. Please include ‘Op-Ed’ in the subject line.
- Erdogan to expel 10 Western ambassadors - October 24, 2021
- CLF party accuses Hezbollah over taking government hostage - October 24, 2021
- Kais Saied promises to launch ‘national dialogue’ in Tunisia - October 24, 2021